XML 94 R72.htm IDEA: XBRL DOCUMENT v3.8.0.1
Equity and Share-Based Compensation - Stock Options (Details)
$ / shares in Units, $ in Thousands
2 Months Ended 3 Months Ended 12 Months Ended
Nov. 01, 2017
Oct. 21, 2017
shares
Oct. 21, 2016
$ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2016
$ / shares
shares
Dec. 31, 2017
USD ($)
item
$ / shares
shares
Sep. 30, 2017
USD ($)
Dec. 31, 2017
USD ($)
item
$ / shares
shares
Additional information                
Share-based compensation costs recognized | $       $ 2,909       $ 9,196
Capitalized qualifying share-based compensation costs to oil and gas properties | $       $ 637       $ 1,995
Stock Options                
Weighted average assumptions used to estimate fair value of stock option awards                
Risk-free interest rate (as a percent)       1.38%       2.11%
Expected option life (in years)       5 years 11 months 16 days       5 years 11 months 16 days
Expected volatility (as a percent)       60.00%       65.00%
Calculated fair value per stock option (in dollars per share)       $ 10.88 $ 10.88 $ 11.43   $ 11.43
Change in expected option life (in years)               2 years
Increase in expense due to change in expected term | $       $ 100       $ 900
Decrease in expense due to change in expected term | $       $ (200)       $ (1,100)
Number of peer companies to estimate volatility | item           6   6
Expected volatility rate, minimum (as a percent)       38.50%       36.90%
Expected volatility rate, maximum (as a percent)       65.90%       68.20%
Additional information                
Capitalized qualifying share-based compensation costs to oil and gas properties | $       $ 200       $ 700
Minimum                
Weighted Average Exercise Price                
Vested and exercisable at end of period (in dollars per share)           $ 19.08   $ 19.08
Maximum                
Share-Based Compensation                
Percentage of awards vesting on each anniversary of the grant 120.00%              
Weighted Average Exercise Price                
Vested and exercisable at end of period (in dollars per share)           $ 20.97   $ 20.97
2016 LTIP                
Weighted Average Remaining Contractual Term (Years)                
Vested and exercisable options, aggregate intrinsic value | $           $ 0   $ 0
2016 LTIP | Stock Options                
Share-Based Compensation                
Vesting period               3 years
Expiration period (in years)               10 years
Options                
Stock options outstanding at beginning of period (in shares) | shares         628,468     627,806
Granted (in shares) | shares         2,035     4,000
Vested (in shares) | shares       0        
Forfeited (in shares) | shares         (2,697)     (132,283)
Stock options outstanding at end of period (in shares) | shares     628,468 627,806 627,806 245,845   245,845
Vested and exercisable at end of period (in shares) | shares           253,678   253,678
Weighted Average Exercise Price                
Stock options outstanding at beginning of period (in dollars per share)         $ 19.66     $ 19.66
Granted (in dollars per share)         20.97     19.08
Forfeited (in dollars per share)         19.66     19.66
Stock options outstanding at end of period (in dollars per share)     $ 19.66 $ 19.66 $ 19.66 $ 19.66   19.66
Vested and exercisable at end of period (in dollars per share)           $ 19.66   $ 19.66
Weighted Average Remaining Contractual Term (Years)                
Granted (in years)         8 years 10 months 24 days     9 years 2 months 12 days
Stock options outstanding at end of period (in years)     8 years 9 months 18 days   8 years 9 months 18 days     8 years 10 months 24 days
Vested and exercisable at end of period (in years)               8 years 9 months 18 days
Additional information                
Vested (in shares) | shares       0        
Unrecognized expense for share-based compensation | $           $ 1,300   $ 1,300
Weighted-average period for over which unrecognized expense will be recognized               1 year 3 months 18 days
2016 LTIP | Stock Options | $19.08-20.97                
Options                
Vested (in shares) | shares   (109,820)           (253,678)
Exercise price (Lower limit)               $ 19.08
Exercise price (Upper limit)               20.97
Weighted Average Exercise Price                
Weighted average vested price of vested options (in dollars per share)               $ 19.66
Additional information                
Vested (in shares) | shares   109,820           253,678
Awards vesting on the six-month anniversary of the Effective Date | 2016 LTIP | Stock Options                
Share-Based Compensation                
Percentage of awards vesting on each anniversary of the grant               16.67%
Awards vesting on the twelve-month anniversary of the Effective Date | 2016 LTIP | Stock Options                
Share-Based Compensation                
Percentage of awards vesting on each anniversary of the grant               16.67%
Awards vesting on the twenty four-month anniversary of the Effective Date | 2016 LTIP | Stock Options                
Share-Based Compensation                
Percentage of awards vesting on each anniversary of the grant               33.33%
Awards vesting on the thirty six-month anniversary of the Effective Date | 2016 LTIP | Stock Options                
Share-Based Compensation                
Percentage of awards vesting on each anniversary of the grant               33.33%
General and administrative expense | Stock Options                
Additional information                
Share-based compensation costs recognized | $       $ 800       $ 2,600
Mr. Brace (Former President and CEO) | Stock Options                
Additional information                
Accelerated compensation expense | $           $ 700 $ 700